Tagged: binance

US Dollar has been Key Driver of Solid Bitcoin (BTC) Performance in 2020, According to Binance

  Binance, the world’s largest digital asset exchange, notes that cryptocurrency markets took a major hit in September 2020 as Bitcoin (BTC) and Ethereum (ETH) recorded their first down month since June of this year. Binance also mentioned in its monthly report that despite the… Read More

Binance Now Hosting $128 Million worth of Stablecoins on its Liquid Swap Platform

Binance, the world’s largest digital asset exchange, has confirmed that it’s been a month since it launched Binance Liquid Swap. The exchange also revealed that the platform is now hosting over $128 million worth of stablecoins, as of October 3, 2020. The Binance team further… Read More

AI and Machine Learning Network Fetch.ai Launches its Random Number Beacon on Binance Smart Chain

AI and machine learning network Fetch.ai confirmed on October 1, 2020, that it’s launching its Random Number Beacon on Binance Smart Chain, which is a blockchain-based network launched by Binance, the world’s largest digital asset exchange. As mentioned in a blog post by Fetch.ai: “Utilizing… Read More

Binance Launchpool Introduces Venus Protocol, a DeFi focused Money Market Lending and Credit System

Binance Launchpool, which is managed by Binance, the world’s largest digital asset exchange, has introduced the Venus Protocol (XVS), which is described as an algorithmic money market system developed “to bring a complete decentralized finance-based lending and credit system” onto Binance Smart Chain (a blockchain… Read More

Binance Might be Only Entity with Enough UNI Governance Tokens to Submit Uniswap Protoocol Proposals: Report

The recently issued UNI governance token, which is associated with Uniswap, a leading Ethereum token exchange, aims to help Uniswap transition into a “decentralized,” community-managed and owned protocol. However, the exchange protocol’s team hasn’t been completely transparent about how they aim to achieve “decentralization.” Liesl… Read More

Binance Futures Reports $1 Trillion in Crypto Derivatives Trading Volume

Zhao Changpeng

Binance Futures, a crypto derivatives exchange, is reporting $1 trillion in trading volume – year to date. Binance Futures started a year ago in September 2019 and claims title as the market leader. Binance Futures is part of Binance – the world’s largest digital asset… Read More

Binance Launches Innovation Zone where Certain Traders will be Allowed to Trade Risky Cryptocurrencies including DeFi Tokens

Binance, the world’s largest digital asset exchange, has launched what it calls the “Innovation Zone,” which will permit certain users to trade newer cryptocurrency token offerings directly from their Binance account, while protecting “less suited” traders from being exposed to the potential risks that come… Read More

Binance Visa Cards Are Now Being Offered in Europe with Up to 8% Cashback

Binance, the world’s largest cryptocurrency exchange, will be offering Visa Cards in Europe. They will allow users to earn up to 8% cashback. The exchange said that Binance Visa Cardholders will be able to get highly competitive cashback rates, but it’s only offered to consumers… Read More

BitTorrent (BTT), Elrond (ELGD), ICON (ICX), Sola (SOL) Perpetual Contracts to be Offered via Binance Futures

Binance, the world’s largest digital asset exchange, will be offering cryptocurrency futures contracts for Elrond (EGLD), the native token of a “highly” scalable, fast and secure blockchain platform for creating distributed apps; and Sola (SOL), the native digital currency of a “decentralized” social platform developed… Read More

BitMEX Traded $72.5 Billion in Crypto Derivatives in August 2020, while Huobi Led with $208.5 Billion: Report

Cryptocurrency spot volumes surged during August 2020, with the top tier exchanges dominating the volatile digital asset markets, according to a report from the Bitcoin Mercantile Exchange (BitMEX). The leading digital currency derivatives trading platform noted that in August 2020, the trading volumes on top-tier… Read More

Binance Adds Isolated Margin Trading for DIA, Reserve Rights Token (RSR), Ocean Protocol (OCEAN)

Binance, the world’s largest digital asset exchange, recently enabled isolated margin trading for DIA, RSR, and OCEAN. Margin trading involves using borrowed digital assets or other funds from a broker to trade financial assets. In other words, margin is like assets borrowed from a broker… Read More

Binance Introduces $100 Million Decentralized Finance or DeFi Fund for “High-Quality” Projects

Binance, the world’s largest crypto exchange, is launching a $100 million seed fund in order to “empower” emerging initiatives in the decentralized finance (DeFi) space. These DeFi projects will run on the Binance Smart Chain, a new blockchain network launched by the exchange to support… Read More

IRISnet Confirms Involvement in China’s Blockchain Service Network, Project’s Tokens Supported on Binance, Crypto.com, Gate.io, Huobi

IRISnet, which aims to serve as an interchain service hub for next-generation distributed applications, confirms that China’s public blockchain network BSN recently launched the new BSN Global Portal. IRISnet will be one of the partners that will contribute to the project. The IRISnet team is… Read More

Binance USD, a Stablecoin Created in Partnership with Paxos, Claims $3.8 Billion in Total Transactions in Year One

Stablecoin Binance USD (BUSD) is said to have completed $3.8 billion in total transactions and $2.4 billion issued after just one year of being live and in the wild. BUSD was approved by the New York Department of Financial Services (NYDFS). Created in partnership between… Read More

Binance Announces First Project on Launchpool “Bella Protocol”

Cryptocurrency exchange Binance announced on Sunday the first project on newly launched Launchpool, which is described as a new product where uses will be able to acquire new token rewards in return for staking BNB, BUSD, and other tokens. The first project to be hosted… Read More

Binance CEO Admits Exchange has to List Risky DeFi Coins, otherwise Traffic Goes to Others, Making them “Obsolete”

Zhao Changpeng

Changpeng Zhao or “CZ”, the CEO at Binance, the world’s largest digital asset exchange, has admitted that the trading platform must list new coins, regardless of whether it’s completely sure of the legitimacy of their business model, in order to remain competitive. Zhao noted: “If… Read More

Binance Launches New “Smart” Blockchain to Run Alongside Existing Binance Chain Network to Meet Increased Demand from DeFi Apps

Binance, the world’s largest cryptocurrency exchange, has launched a “Smart Chain.” As explained by Binance, the new chain will run parallel or alongside its other blockchain network, Binance Chain. Binance Chain will be used to issue smart contracts and manage the staking mechanism for BNB… Read More

Binance Joins Blockchain for Europe Membership Association

Cryptocurrency exchange Binance announced on Thursday it is joining Blockchain for Europe, the European membership association. Teana Baker-Taylor, U.K. Director at Binance, has also been appointed to the Board of Blockchain for Europe, alongside Fetch.ai, Ripple, Block.one, and Blockseed Ventures. According to Binance, Blockchain for Europe and its members… Read More

Ex- CoinMarketCap CEO Promises “Thousands of Pages” of Educational Crypto Content, Coming Soon to Binance owned Data Site, as She Suddenly Leaves Firm Along with Others

Five senior management professionals working at Binance-owned CoinMarketCap, the largest cryptocurrency market data site, have left the company. Carylyne Chan, who has been serving as interim CEO at CoinMarketCap, has also resigned. Binance’s management confirmed that they’ll be replacing the former staff members with their… Read More

Binance Joins CryptoUK Trade Association

Binance.UK has joined the crypto-asset trade association CryptoUK as an Executive Member as it seeks to boost its visibility in the UK market. Other executive members include Coinbase, eToro, Ripple, and more. CryptoUK seeks to encourage a set of best practices along with a Code… Read More

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